THE ASSOCIATION OF BUSINESS EXECUTIVES CERTIFICATE The Business Environment SPECIMEN QUESTION PAPER Answer any FOUR questions Q1 (a) Explore the main characteristics of a ‘fully-planned economy’. (10 marks) (b) Discuss why in practice it is more likely that a country will have a ‘mixed economy’. (15 marks) (Total 25 marks) Q2 (a) Discuss the reasons why an interventionist approach has been favoured by the European Union in its relations with industry. (15 marks) (b) Review the potential
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Professional Ethics and Values Professional Ethics and Values Values and ethics are very similar in the aspect of where they are learned. The definition of values is “things that are important to or valued by someone” (Dictionary.com‚ 2011). Whereas the definition for ethics is “moral principles‚ as of an individual” (Dictionary.com‚ 2011). Each term brings different beliefs and values to every situation. Values and Ethics change when it concerning professional terms‚ and he or she can have a
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[pic] SUBJECT : Business Ethic SUBJECT CODE : UGB210 MODUL LEADER : Mark Winter MODUL TUTOR : Adeline STUDENT NAME : STEVEN CHANG SERN YEH STUDENT ID : Executive Summary This is an ethical audit report‚ the author will discuss about the ‘snapshot’ of British Petroleum’s business ethics. The report will identify the main ethical dilemmas faced by BP such as manipulating price‚ polluting the environment and violating human rights and employee safety. These ethical dilemmas will
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have ethical dilemmas‚ not the company itself. For example‚ Starbuck’s is not faced with an ethical dilemma regarding its tax bill (again‚ because Starbucks doesn’t think‚ it doesn’t exist apart from in a legal sense‚ it neither lives‚ reasons or has morals). However‚ Starbuck’s CEO and individuals on the Management team (and importantly it’s PR team!) are grappling with a tax dilemma. People have dilemmas‚ non-living virtual legal entities (i.e. companies) don’t. Make that mistake on the submitted
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Chapter 1: Key concepts in business and professional ethics [Unit 1: Introduction to Business Ethics Unit 1: Introduction to Business Ethics Ethics and Values] * Values = what is good and desirable? * People do not share the same values * Values are influenced by……… Moral dilemmas…….. EXAMPLE A brilliant transplant surgeon has five patients‚ each in need of a different organ‚ each of whom will die without that organ. Unfortunately‚ there are no organs available to perform any of
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to determine if a business is one of the most ethical businesses? Key business topics include but not limited to code of business ethics‚ corporate social responsibility and vendor code of conduct. I am going to review these topics on Jones Lang LaSalle. Jones Lang LaSalle is a financial and professional services firm specializing in commercial real estate services and investment management. Hopefully this will give you a thorough understanding on a company on top of the business world with their
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the impact your own personal ethics may have on your practice as a healthcare professional. 5. List 3 ideas that you have for keeping your personal and professional ethics separate: 6. How does diversity (ethnic‚ social and cultural) play a role in providing patient care for your chosen profession? Unit 9 Project Questions: Part II (NOTE: you may need to refer to chapter 3 and/or Unit 2 for this section) 7. What is the name of the professional organization related to your
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Professional Ethics Paper Barbara Morrissey HCS/478 January 23‚ 2012 Ann-Marie Peckham Professional Ethics Paper Medical professionals have a responsibility to their clients to deliver safe‚ quality care with regard for patients’ individuality‚ needs‚ and desires. Patients seek out professional health care with their own goals in mind. Their goals may not match ours‚ but we as health care providers have a duty to inform and treat our clients with competence and afford them the utmost dignity
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are stakeholders? • stockholders • employees • customers • managers • supplies • local community According to Friedman‚ can a business do anything in the quest for profits? • No‚ it must not be deceptive or fraudulent Who is Theodore Levitt? • Former professor of marketing at Harvard B-School‚ Ph.D. in economics‚ prolific writer‚ editor of Harvard Business Review‚ coined the term "globalization" has been referred to as the father of modern marketing What is meant by a "nonconsequentialist
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NESTLE’S ETHICAL BUSINESS STRUGGLES 1 Nestlé’s Ethical Business Struggles: How the infant formula boycott affected Nestle NESTLE’S ETHICAL BUSINESS STRUGGLES 2 Abstract Nestlé’s marketing tragedy of infant formula in third-world countries in the 1970s caused consumers to boycott the company. As this paper states there are three individuals who were associated with Nestlé’s managing of the boycott. In the 1980s there were other business scandals that involved
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